Press Releases from May 2025

XR Display Market to Grow 6% YoY as AR Smart Glasses Gain Momentum

May 5, 2025

Global XR display shipments are expected to rise 6% in 2025, with shipments for AR glasses growing 42%. The growth will be a partial recovery, following a significant drop in display shipments in 2024. LCD will represent an 87% share of VR panel shipments, while OLED-on-Silicon will have a 75% share in AR. The recovery is projected to continue next year, but US tariffs on China bring a high level of uncertainty.Read More

Automotive Display Shipments, Revenues, Area Reach New Heights in 2024

May 5, 2025

While display unit shipments grew slowly along with vehicle shipments, display revenues and display area grew much faster due to vehicle displays becoming bigger and more advanced. In particular, electric vehicles (EVs) and hybrids are driving display growth as they adopt significantly larger displays on average than internal combustion engine (ICE) vehicles. Toyota remained the #1 brand on a display revenue basis for at least the third straight year, while Tesla’s Model Y remained the #1 car model on a display revenue basis for the second straight year. Counterpoint Research has released its latest shipment report on automotive displays for passenger vehicles on a model-by-model basis, covering the Q1 2022-Q4 2024 period. The report covers the digital information cluster (DIC) and center information displays (CID). Prices are provided for each panel used in passenger vehicles.Read More

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